Cowpens, SC—29330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cowpens, SC
As of Oct '25, the median home price in Cowpens, SC is $197,000, with a year-over-year change of -0.6%. This indicates that home prices in Cowpens, SC are flat. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | -0.6% |
| Single Family | $196,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $125,000 | -3.8% |
3 Bed | $236,000 | 2.6% |
4 Bed | $308,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cowpens, SC
As of July '25, Rentcast reports the average rent in Cowpens, SC is $1,160, with a year-over-year rent change of -32.9%. Per bedroom, the median rent as of July '25 in Cowpens, SC is 2-bedrooms: $992, 3-bedrooms: $1,500. The most common rental property sizes in Cowpens, SC are 2-bedroom and 3-bedroom, accounting for 35.4% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,260 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $725 | $992 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cowpens, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Cowpens, SC is 48. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | 11.0% |
Listing Count | 34 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 48 | 25.0% |
Demographics — Cowpens, SC
As of the latest ACS Survey released in 2023, Cowpens, SC has a population of 8,720, which has decreased by -3.0% over the past 5 years. Cowpens, SC is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,720 | -3.0% |
% Under 18 | 19.4% | -10.2% |
% Seniors | 18.9% | 25.2% |
% WFH | 4.4% | 2,100.0% |
% w/ College Degree | 17.4% | 17.6% |
As of the latest ACS Survey released in 2023, Cowpens, SC is a predominantly white area, with 80.6% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Cowpens, SC is hispanic, making up 7.5% of the population. Foreign-born residents account for 3.8% of the population in Cowpens, SC, and this percentage has decreased by 47.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.6% | -5.6% |
% Black | 6.2% | 8.8% |
% Hispanic | 7.5% | 44.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.8% | -47.2% |
Mortgage and Risk — Cowpens, SC
According to HUD data as of 2023, there were 75 mortgage originations in Cowpens, SC, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Cowpens, SC. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Cowpens, SC
Cowpens, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 98 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 86.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | $325 | $725 | $1,050 |
| 3 Bedroom | -$190 | $1,500 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Cowpens, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $197,000 |
| Median Household Income | $47,000 |